2-bed · 1,057 sqftSilverene Tower A, Dubai Marina · 16th floor · completed 2011

1606, Silverene Tower A

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 18 February 2025
Last soldAED 1.35M4 December 2012
Current rentAED 135K /yr18 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Silverene Tower A

What is 1606 worth today?

Last sold for AED 1,351,500 in 2012

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18 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 128 per sqft
18 Feb 2023RentedRenewal
AED 130,000/yr12 months · AED 123 per sqft
18 Feb 2022RentedNew contract
AED 125,000/yr12 months · AED 118 per sqft
1 Dec 2021RentedRenewal
AED 105,000/yr12 months · AED 99 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
1 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 109 per sqft
10 Oct 2018RentedRenewal
AED 125,373/yr7 months · AED 119 per sqft
10 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 137 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2025.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
16th of 34
Parking
B3-220
Developer
Cayan Real Estate Investment & Development
Completed
2011
Service charge
AED 23,600 /yr
Last sold
AED 1.35M · December 2012

About 1606, Silverene Tower A

1606 is a two-bedroom apartment of 1,057 sqft on the 16th floor of Silverene Tower A, a 34-storey tower in Dubai Marina completed in 2011 by Cayan Real Estate Investment & Development. It last sold on 4 December 2012 for AED 1,351,500, or AED 1,278 per sqft, in line with the AED 1,311 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 18 February 2025, is AED 135,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 23,600 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical two-bed in Silverene Tower A
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,520,000; 2010 AED 1,460,250; 2011 AED 1,225,000; 2012 AED 1,534,500; 2013 AED 1,768,000; 2014 AED 2,400,000; 2015 AED 2,300,000; 2016 AED 2,175,000; 2017 AED 2,300,000; 2018 AED 2,300,000; 2020 AED 1,560,000; 2021 AED 1,750,000; 2022 AED 2,050,000; 2023 AED 2,350,000; 2024 AED 2,500,000; 2025 AED 2,800,000Sold by developer, February 2010: AED 1,351,500 (AED 1,278 per sqft)Sold, December 2012: AED 1,351,500 (AED 1,278 per sqft)

1606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, each contractTypical two-bed in Silverene Tower A
100K150K2012201620202024Typical rent by year: 2012 AED 125,285; 2013 AED 126,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 146,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 154,000; 2025 AED 160,000; 2026 AED 162,500New contract, March 2014: AED 130,000 a yearRenewal, March 2015: AED 144,440 a yearNew contract, October 2015: AED 150,000 a yearRenewal, October 2016: AED 150,000 a yearNew contract, October 2017: AED 145,000 a yearRenewal, October 2018: AED 125,373 a yearNew contract, September 2019: AED 115,000 a yearNew contract, December 2020: AED 100,000 a yearRenewal, December 2021: AED 105,000 a yearNew contract, February 2022: AED 125,000 a yearRenewal, February 2023: AED 130,000 a yearRenewal, February 2025: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Silverene Tower A, and where 1606 sits

All 112 2-beds →

1606 last sold in December 2012 at AED 1,278 per sqft, in line with what two-beds in Silverene Tower A were fetching at the time (AED 1,311). Over the last 12 months two-beds sold for AED 3,500,000 to 4,100,000, around AED 2,440 per sqft, and rent for AED 107,525 to 220,000 a year. 1606's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20264,100,000
2 Jan 20263,500,000
21 Jul 20252,850,000
17 Jul 20252,550,000
2 2-bed sales in the last 12 months

Silverene Tower A

Building

266 apartments, 1-bed to 5-bed over 34 floors in Dubai Marina, completed in 2011 by Cayan Real Estate Investment & Development. 6 sold in the last 12 months.

Typical price per sqft
AED 2,440
Typical sale
AED 3.5M
Typical rent
AED 150K /yr
Typical yield
6.0%
Silverene Tower A, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 266 units in Silverene Tower A
Value
16012-bedAED 2.06M · Jan 2016
16021-bedAED 930K · Feb 2013
16031-bedAED 1.1M · Jun 2013
16041-bedAED 1.5M · Aug 2015
16051-bedAED 1.43M · Oct 2021
16072-bedAED 1.59M · Dec 2012
16082-bedAED 3.6M · Apr 2025
1–7 of 9

1606, Silverene Tower A in numbers

  • Sold twice: first on 15 February 2010 for AED 1,351,500, last on 4 December 2012 for AED 1,351,500 (AED 1,278 per sqft).
  • Rented since March 2014 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2020 and recovered to AED 135,000 by February 2025.
  • At AED 135,000 a year the gross yield on the 2012 price is 10.0%, before a service charge of about AED 23,600 a year (AED 22.32 per sqft).
  • Two-beds in Silverene Tower A sold for AED 3,500,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,440 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2025.

Questions about 1606, Silverene Tower A

What did unit 1606 last sell for?

AED 1,351,500 on 4 December 2012: AED 1,278 per sqft for 1,057 sqft. The unit has 2 registered sales; the first was AED 1,351,500 in February 2010.

What is the rent for unit 1606?

AED 135,000 a year on the contract renewed on 18 February 2025. The previous contract, from February 2023, was AED 130,000; the unit has been rented since March 2014.

How big is unit 1606?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2011.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silverene Tower A sold for AED 3,500,000 to 4,100,000 in the last 12 months, around AED 2,440 per sqft.

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Mortgage on 1606, Silverene Tower A

Starts from the last sale price (AED 1.35M, 4 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,351,500
Deposit, UAE resident (20%)
AED 270,300
Deposit, non-resident (40%)
AED 540,600
Monthly over 25 years at 3.7%
AED 5,529

Plus AED 61,773 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →